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Tedd E. Bear has an annual salary of $67,200 with no other loans outstanding. Using the 25% guideline from class and with a 20% down
Tedd E. Bear has an annual salary of $67,200 with no other loans outstanding. Using the 25% guideline from class and with a 20% down payment, how expensive of a home can Tedd purchase using a 6%, 30-year mortgage?
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